CAIRO, Aug 9 (KUNA) -- Tourism revenues in Egypt reached USD 10.7 billion in the fiscal year 2021-2022 compared to USD 4.9 billion in the FY 2020-2021, marking a 121.1 percent increase, official data showed on Wednesday.

Kuwait: Price of Kuwait crude oil rose 63 cents to USD 90 per barrel on Monday compared with USD 89.37 pb on Friday, Kuwait Petroleum Corporation (KPC) said on Tuesday.

KUWAIT: Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in seven markets across the Middle East and Africa, announces its consolidated financial results for Q2 and six months ended June 30, 2023.

TUNIS: Around 200 Tunisian bakers staged a sit-in Monday after a government decision to stop selling them subsidized flour, a move threatening the closure of hundreds of bakeries. 

TAIPEI: Taiwanese chip giant TSMC agreed Tuesday to plough $3.8 billion (3.5 billion euros) into a new semiconductor factory in Germany, lending a major boost to Europe’s efforts to bring production onto the continent. 

MILAN: Italy’s right-wing government has unveiled a surprise 40 percent windfall tax on “surplus profits” generated by the rise in interest rates, sending shares in the country’s banks plunging Tuesday.

TOKYO, Aug 8 (KUNA) -- China said Tuesday it has never deliberately sought a trade surplus with the EU.

MOLO, Kenya: It was the news Kenya’s timber industry had waited over five years to hear: a ban on logging was over, and the country’s forests were once again open for business.

MUMBAI: The Indian economy is expected to grow at an average rate of 6.7 per cent between fiscal year 2023-24 to fiscal year 2030-2031, said S&P Global giving a decade-ahead forecast for Asia’s second-largest economy.